For Sale
For Sale
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Overview
CBRE is pleased to offer this corporate absolute NNN leased Taco Bell (BBB) in Calumet City, Illinois (Chicago MSA). The Lease has over 9.5 years of term remaining, includes a below market rent, has 10% rental bumps every five years and has zero landlord responsibilities through the primary term and the four 5-year option periods.
The property is a ±3,029 SF single story building on ±0.93 acres of land located in Calumet City, Illinois. Taco Bell is an outparcel to the 160,000-square-foot River Oaks Plaza West Shopping Center which is anchored by Marshalls, Ross Dress for Less, Petco, Party City and Big Lots. The site is across the street from the 1.3-million-square-foot River Oaks Center regional mall. River Oaks is the largest enclosed shopping mall in the south suburbs of Chicago and the seventh largest mall in the metropolitan area.
Property Details
CBRE is pleased to offer this corporate absolute NNN leased Taco Bell (BBB) in Calumet City, Illinois (Chicago MSA). The Lease has over 9.5 years of term remaining, includes a below market rent, has 10% rental bumps every five years and has zero landlord responsibilities through the primary term and the four 5-year option periods.
The property is a ±3,029 SF single story building on ±0.93 acres of land located in Calumet City, Illinois. Taco Bell is an outparcel to the 160,000-square-foot River Oaks Plaza West Shopping Center which is anchored by Marshalls, Ross Dress for Less, Petco, Party City and Big Lots. The site is across the street from the 1.3-million-square-foot River Oaks Center regional mall. River Oaks is the largest enclosed shopping mall in the south suburbs of Chicago and the seventh largest mall in the metropolitan area.
- Property TypeRetail, Office
- Submarket
- Sale Price$1,110,000
- Total Acres0.93
- Cap Rate6.0%
- Will build to suitNo
- SewerNo
- Corner lotNo
- Property ID318934